Examples of Partnership LP Agreement in a sentence
Defined terms are as set forth in Exhibit I hereto and capitalized terms not defined herein or in Exhibit I shall have the meaning set forth in the Plan or, if not defined in the Plan, as defined in the Partnership LP Agreement, or, if not defined in the Plan or the Partnership LP Agreement, as defined in the Parent LP Agreement, or if not defined in the Plan, the Partnership LP Agreement or the Parent LP Agreement, as defined in the Securityholders Agreement.
By executing the Signature Page, the parties also are agreeing to be bound by the Partnership LP Agreement, the Parent LP Agreement and the Securityholders Agreement, effective as of the Closing Date.
Any transfer or attempted transfer of Incentive Units in violation of any provision of this Agreement, the Plan, the Partnership LP Agreement, the Parent LP Agreement or the Securityholders Agreement shall be void, and Partnership shall not record such transfer on its books or treat any purported transferee of such Incentive Units as the owner of such Incentive Units for any purpose.
Notwithstanding any provision to the contrary in the Partnership LP Agreement, the Parent LP Agreement or the Securityholders Agreement, no Unvested Incentive Unit shall be transferred without the prior written consent of Partnership, which may be withheld in its sole discretion.
Download: Adobe PDF, MS Word, OpenDocument Limited Partnership (LP) Agreement – Limited partners have no liability and do not participate in day-to-day business activities.
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LeBoeuf, McClaugherty, Steele, and Jones each received a 25%membership interest in SeaQuest LLC in exchange for $250.The parties executed the following instruments on June 1, 2006: (1) the Asset Contribution and Transition Agreement (ACTA), (2) the Company Agreement of SeaQuest General Holdings, LLC a Texas Limited Liability Company (LLC Agreement), and (3) the SeaQuest Diving, LP Agreement of Limited Partnership (LP Agreement).
The GP Interest has been duly authorized and validly issued in accordance with the Partnership LP Agreement, is fully paid and has not been issued in violation of any preemptive rights, rights of first refusal or other similar rights of any Person.
At the time of purchase and each additional time of purchase, after giving effect to the Transactions, Operating GP will be the sole general partner of the Operating Partnership, with 0.01% general partner interest in the Operating Partnership; such general partner interest will be duly authorized and validly issued in accordance with the Operating Partnership LP Agreement; and the Partnership will own such general partner interest free and clear of all Liens.
Doherty Family Limited Partnership, L.P. Agreement* 5 First and Second Amendments to Limited Partnership Agreement of Joseph R.